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20130416
20130424
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faces significant problems and if we don't address the deficit, i've become more and more convinced that we don't necessarily go gradually and problems that could go precipitously and i say that with reference to 2008 and the crisis that there is, even when things go pretty well, there are some lurking dangers within our economy. one would be interest rates rising. i asked this to people i consider to be smart, big bankers, nature capital centers of the world. can they control just raising keep interest rates below? is there a point at which the central cannot keep pace. interest rate to 7% are when i was a kid, 19% were 21% would be catastrophic with this burden of debt. he seems to work right now, but there is a certain allusion of wealth in the stock market and evolution of the peace we can manage our debt. those are my concerns and because of that, we have to do long-range things. i propose several things since i've come. i propose fixing a security problem. to me it's an actuarial problem. you raise the age gradually 27862 thirds of the social security deficit. fix the remainin
folks over there. if the republicans are serious about reducing the deficit, we need to get to work. get to work sooner rather than later. what is regular orde order? it means do things the way you're supposed to, by the book, so to speak. so i'm g going to ask that const soon. mr. president, let's talk about sequestration just for a brief timtime. i talked about it yesterday when the senate convened. on sunday the federal aviation administration implemented sequester furloughs that will affect tens of thousands of employees. and by monday, yesterday, travelers were already experiencing delays at airports from coast to coast. according to "the wall street journal," flights to new york airports were delayed more than an hour already because of these furloughs. delays were also reported in los angeles and even baltimore. the f.a.a. has assured us things will get much worse before the end of the busy summer travel season as these arbitrary sequester cuts continue to affect airport staffing levels. what it means is that every two weeks all f.a.a. employees will have to take a day off. at pea
to find a bipartisan way to reduce the deficit. thus far, it hasn't worked. we've reduced the debt by doing a number of different things, some $2.5 trillion worth. we've cooperated in that regard. the deep cuts required though by the sequester have failed to bring the republicans to the negotiating table to find more savings or more revenue. even after both the house and senate passed budget resolutions, the house republican leadership has refused to go to conference to work out our differences. republicans have been telling us for a long time that they wanted regular order. and we come to regular order, they don't want regular order. republicans are afraid to even be seen considering a compromise with democrats. and i speak more strongly that the republicans here in the senate are doing their objection here on going to conference more to protect the house because that applies so much more to the house republicans than it does the republicans over here. the republicans over there are afraid to be even seen considering a compromise with us. because republicans have refused to negoti
-inflicted wounds without adding one penny to the deficit. we've provided money, the money is there, we haven't spent it, we don't need to. we can use the savings from wrapping up two wars to avoid the full brunt of the sequester's arbitrary cuts. the congressional budget office said that would score; that money is available, it is money we could use. funding for the operation in ir a afgan has in alled overseas contin yeype account. since the worst of the seq cuts are creating an emergency situation, we should consider using thighs funds to offset their impact. these really are emergencies and we should do it. i am not proposing we use them to offset the entire sequester but congress has the power to avert the most painful sequester cuts using these mexico. 28 republicans in the senate and 174 republicans in the house would impose these sequester haphazard cuts. if those same republicans work with democrats, we could act to protect families and businesses and ensure our national defense and save millions of americans hours waiting at the airport. i suggest the absence of a quorum. the presi
to have sustained and balanced approach to both reducing the deficit but making some of the critical investments that we need to make, and actually the budget anticipates -- >> we are all -- i should add, start in row. we are all cheers about the magnificent contribution to brain research. thank you. >> i think that's an example of the presidency believe that we ur proper t sinst, and certainly scientifc sech is one of the most critical investments to keep the innovation and research at the front and. so we very much support outlining the mapping strategy which could have a huge impact not only on the future but we think about health costs related to everything from autism to alzheimer's, and if you want to really get our arms around what's happened to health costs in the future, just brain mapping, has an enormous impact. and as you say, i think dr. collins estimates that is about a 71 return, that every dollar in research grant generates about $7 in economic activity in the community where those research grants end up in terms of jobs and scientists. so this is clearly a win-win in
Search Results 0 to 4 of about 5